These bill credits are in addition to the reduction the utility has already put into effect on October 1, 2014, which reduced its gas supply rate to 45 cents per therm
from 54 cents its lowest rate in 14 years.
A 15-cent per therm
bill credit for February 2012 usage provided an additional $24 in savings.
Elizabethtown Gas, a subsidiary of Atlanta-based AGL Resources (NYSE: ATG), today announced a plan to lower the gas rate 8 cents per therm
or almost 5 percent for the natural gas portion of residential customers' bills.
15 per therm
for most of last winter before increasing to $0.
9 million kilowatt-hours of electricity savings and 51,000 therms
of natural gas savings;
Under the company's proposal, filed March 8 with the New Jersey Board of Public Utilities (BPU), a typical residential heating customer using 1,100 therms
of natural gas annually will receive a credit of approximately $75 in their April bill.
A typical residential customer using 103 therms
during this period will see savings of approximately $19.
Under the company's proposal, filed late yesterday with the New Jersey Board of Public Utilities (BPU), a typical residential heating customer using 1,100 therms
of natural gas annually will receive a credit of approximately $75 in their April bills.
If the proposed price cut is approved by the DTE, the average NSTAR Gas heating customer, using 144 therms
of gas per month between November and April, will pay approximately $190 per month, down from $261 based on current winter rates.
1949 per therm
, would mean the average NSTAR Gas heating customer would see a drop of nearly $40.